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MSME Registration Benefits in India

MSME Registration Benefits in India MSME stands for micro, small and medium enterprises, and these are the backbone of any developing economy. To support and promote MSMEs, the Government of India through various subsidies, schemes and incentives promote MSMEs through the MSMED Act. To avail, the benefits under the MSMED Act from the Central or State Government and the…

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IEC Code – Benefits

Advantages of Import Export Code Not only is the IEC number a compulsory requirement for export and import business entities, it also streamlines the management and tracking of shipments. You are required to quote your IEC Number while sending shipments. Your current account, too, requires the IEC number for transferring funds. Listed here are some of the important benefits…

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Benefits of FSSAI License

Benefits of FSSAI License If you’re in the food business, you’d know that an FSSAI registration is mandatory. Apart from the preparation of food, this involves all stages of production before food ultimately reaches the consumer. Be it a small mango juice reseller or a large dairy business, a food license is essential to running a food business. What…

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GST Advantages

GST Advantages After the implementation of Goods and Services Tax (GST), the Government received several feedback on the advantages and disadvantages of GST. The GST acts as a Value added Tax (VAT) and designed as a comprehensive indirect tax levy on manufacture, sale, and consumption of goods as well as services at the national level. It shall replace all…

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